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I affraid you are unable to bring to the law case even if it can be. I believe the lawyer fee is far higher the what you get.
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Indeed. Spending thousand bucks to sue a company, which is already bankcrupt to claim back hundred bucks? Nah... definitely not wise.
Therefore, it is really important to choose a good host before you start your reseller plan. Try not to choose those companies, which are offering their plans at a very, very low price.